SAFM - MP Materials jumps 9% on move to MidCap 400 index
- MP Materials ( NYSE: MP ) has jumped 9% in after-hours trading Friday on news that the company will join the S&P MidCap 400 index .
- There it will replace Sanderson Farms ( SAFM ), acquired in a deal that closed today by Cargill and Continental Grain.
- The index move is effective prior to the open of trading on Wednesday, July 27.
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MP Materials jumps 9% on move to MidCap 400 index